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in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's start with you. this is a fast-moving story. give us the latest perimeters of what appears -- i emphasize appears to be the start of a deal. >> well, it has been coming closer together, so we are told. the question is what will the president be saying, and senior advisors here as well as senators i've spoken to say they do not expect that he is making any nounment of a deal, so we'll wait for the white house to determine that for sure. what we've been hearing is that they have moved off the issue of taxes and have been more focused on the
to be this push towards that. mr. biden has his own commission regarding it, but there is a worry amongst some folks once time passes, once we get past the state of the union, this could fizzle out. knowing how much gun control has talked about -- >> not going to happen. >> why not? why is it going to stay a pertinent part of the conversation in the public going forward? >> i think the public has been shocked and their conscience has been put on the carpet here with this one, and the totality of newtown, aurora, tucson, a number of others, this just bizarre situation out of webster, new york, guy sets a fire, firefighters come and he basically tries to take target practice and picks off a number of them, killing two, injures another two, damaging other people's homes. i guess, you know, out of last week's bizarre press statement, it wasn't a press conference, i guess mr. lapierre would then say firefighters need to have armed guards go with them. i think it just shows that was a completely dumbass idea from the start, the announcement last week. we need to ban assault weapons. we need to ban t
president biden's chief economist and now senior fellow the center of budget and policy orders. msnbc contributor. we thank you so much for coming on the show. mr. bernstein, i want to put up a graphic in terms of the literal impact going over the fiscal cliff. if you make $20,000 you will see tax hike of $412. if you are middle $, 40,000 to $65,000, average tax hike of fearly nearly $2,000 which is significant. is this being lost on the policymakers now? >> i think it is. i mean -- if you -- were really concerned about how middle income people are doing and howing the unemployed are doing, how the average person who depends on their pay paycheck, not their stock portfolio is doing, you quickly resolve these cliff issues so the tax rates don't revert to get you the results you just showed. very quickly extend unemployment. i mean, i thought the point that someone made earlier in the reporting was critical. there are millions, couple million, actually, of unemployed people who have been on the rolls already. we know that they are hurting economically. there are not enough jobs out ther
of hours ago that the vice president, joe biden, has been meeting in the white house, as well. but at this point, that's where things stand with barely 100 hours until we reach this deadline. luke? >> absolutely unbelievable. at least bo obama came back with the president there. thanks so much for being on the show. we appreciate it. >>> we're five days away and john boehner has released the house telling the senate it's up to them to come up with a deal that his chamber will pass. paul contain, chris frazier, they both join me now. paul, i want to start with you. one thing that we all seem to be hearing is that -- and the markets start to tank, it will spur these guys to figure out some sort of deal. >> dow jones had a three-month chart that showed where the dow has been. we see there, went down, up, now it's steadily going down towards since plan b failed. do you think that's the only hope of getting a deal. >> it's not the only hope, but it has been sort of a missing actor for the last five or six week. that when it started going back up the market, that basically cued off
Search Results 0 to 3 of about 4